28 July 2016
TDS NEED TO BE DEDUCTED ON ALL PAYMENTS MADE TO DIFFERENT LANDLORDS EVEN IF SOME OF THE PAYMENT MADE DOES NOT EXCEED 1,80,000/- FOR EXAMPLE:- THERE ARE 3 LANDLORDS AND THE PAYMENT FOR THE ENTIRE YEAR IS 571600, 55200, 29100. DO WE NEED TO DEDUCT TDS ON 55200 AND 29100?
28 July 2016
if the three landlords are separate and different from each other.......TDS be done only in the case of the one whose payment exceeds 180,000 or is likely to exceed 180,000 during the financial year
CAclubindia
